Aluminum Price Falls to US$2,260 per Ton on Thursday, August 8, 2024
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The price of three-month aluminum contracts is currently declining. Based on 56,964 monitored trading transactions, the price of three-month aluminum contracts as of Thursday, August 8, 2024, reached US$2,260 per ton.
Aluminum product trading is down 5 percent compared to the beginning of the year and has experienced a year-on-year (YoY) decrease of 0.18 percent. The highest price for this commodity in 2024 was US$2,741 per ton, reached on May 29, 2024.
This year's average aluminum price is recorded at US$2,397.46 per ton. This represents a 4.92 percent increase from the previous year's price of US$2,285.1 per ton in 2023.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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